How Do You Know If You’re A Victim?

Here are 10 signs that your medical ID may have been stolen and is currently being used by cybercriminals:

1. Unexpected Medical Bills: Receiving bills for medical services you didn’t receive is a major red flag.
2. Collection Notices: Being contacted by debt collectors for unpaid medical bills that aren’t yours.
3. Errors In Medical Records: Finding inaccuracies in your medical records, such as treatments you never had, incorrect diagnoses or unfamiliar medical histories.
4. Insurance Issues: Your health insurance claims are denied because your benefits have been maxed out or you’re told you’ve reached your coverage limit, despite not using the services.
5. Notification From Your Insurance Provider: Receiving alerts from your health insurance provider about claims or services you don’t recognize.
6. Unknown Accounts: Discovering new health insurance accounts or medical records under your name that you didn’t create.
7. Discrepancies In Your Explanation Of Benefits (EOB): Your EOB statements from your insurer list medical services you didn’t receive.
8. Being Denied Insurance: Having difficulty obtaining life or health insurance because medical conditions that you don’t have are listed in your records.
9. Calls From Medical Providers: Receiving calls from doctors or medical facilities about appointments or follow-ups for treatments you never had.
10. Unfamiliar Prescriptions: Notices about prescriptions being filled in your name that you did not authorize or receive.

See next weeks article for learning how you can prevent becoming A victim of medical ID fraud.

what is Medical Fraud? & a short history

Medical fraud is an intentional deception or misrepresentation made by a person with the knowledge. that the deception could result in some unauthorized benefit to himself or some other.

Health insurance is designed to provide access to necessary treatments, preventive services and emergency care to individuals and families in need, and, apparently, now it’s also used to hand out paydays to scammers.

In February of this year, Change Healthcare fell victim to a cyber-attack that impacted thousands of health care providers, insurers and policyholders nationwide. Reports from this incident suggest that around 50% of all US medical claims could be at risk! To put that into perspective, if you’re in the waiting room with nine other people, there’s a good chance that five of you could fall victim to medical identity theft within the year. The aftermath of this fraud is staggering, affecting countless individuals and their access to health care. Once your medical information is exposed online, these identity thieves can use it to file false claims, buy expensive prescriptions and more, and it will all be conveniently billed to your account.

The worst part is how some people are finding out they were affected. Some are facing tax or mortgage fraud, but others are going to the doctor to find out if they need a procedure, but instead of getting a surgery date, they’re handed a rejection letter from their insurance provider, claiming the company won’t cover it because they’ve exhausted their benefits from multiple other procedures this year. But the thing is, THEY didn’t have any other procedures this year. Someone stole their medical ID and used it for their own procedures.

And it’s not just individuals you have to worry about. Manipulative organizations can use your medical information for fake billing schemes. What happens is that they submit false claims for medical services you never requested, received or knew anything about, then they collect their payday, and stick you with the bill. In July, 193 defendants, including 76 doctors, nurse practitioners and other licensed medical professionals, were charged for their alleged participation in several different health care fraud schemes that resulted in 2.75 billion in false billings to federal programs. Medical fraud happens!

 

See next weeks article for 10 signs on that you are a victim of medical fraud.

Travel Smart: Essential Cybersecurity Practices For A Hack-Free Vacation

Summer is a popular time for business owners and employees to step out of the office and take a well-deserved vacation. Even if their “out of office” e-mail responder is active, many people will periodically check in on work at least once while traveling. Unfortunately, studies show that working outside of the office – whether it’s a few simple check-ins on vacation, connecting to the Internet at a local coffee shop or even business travelers out on work trips – can lead to major cybersecurity issues. If you or your employees will be answering urgent e-mails from the airport or accessing network documents in the hotel lobby, it’s essential to maintain strong cybersecurity best practices to avoid exposing the company’s network to hackers preying nearby.

In this blog post, we’ll cover what cybersecurity best practices are necessary for you to take before and during any trip to keep your network secure from hackers.

Why Cybersecurity Matters While Traveling

Cybersecurity might not be at the top of your vacation checklist, but ignoring it can turn your dream getaway into a horrible nightmare. Cybercriminals know summer is a prime time to attack because people are more likely to let their guard down while on vacation. For most vacationers, the focus is on enjoying time out of the office instead of ensuring they’re following cybersecurity best practices, making them an easy target for hackers.

To minimize the risk of a cyberattack while traveling, here are a few best practices to cover with anyone on your team who might connect to the Internet while on vacation.

Before you go:

1. Back up your data – If your device gets lost or ruined, you’ll want a copy of your data available to be restored.
2. Update your software – Make sure your operating system software, web browsers and apps have all been updated to the latest version. Outdated software can impact your device’s ability to defend against malware.
3. Protect your devices – You should always lock your device using a PIN, passcode, fingerprint or facial recognition feature, but if you don’t already, set this up before traveling. If you leave your device unattended and someone attempts to access it, they will have full access to your private information if it’s not locked.
4. Enable “Find My Phone” – This feature will allow you to locate your device if you lose it, but it also gives you the power to remotely wipe data or disable the device if it falls into the wrong hands.

While traveling:

1. Use a Virtual Private Network (VPN) – A VPN encrypts your Internet connection, ensuring your data is secure even when you use public WiFi networks. Before you leave, set up a VPN on your devices and use it whenever you access the Internet.
2. Don’t connect to public WiFi – While public WiFi offers convenience, these networks can be a hotspot for cybercriminal activity. Avoid unprotected networks whenever possible. (Yes, that means no checking your e-mail on the beach unless you have a VPN!)
3. Manage location services – Location tools are useful for navigating new places but can also expose your location to criminals. Turn off location services when you’re not actively using that feature, and consider limiting how you share your location on social media.
4. Enable Multifactor Authentication (MFA) – MFA adds an extra layer of security to your accounts by requiring a second verification form, such as a text message code, authenticator code or fingerprint scan. This feature should be enabled for all accounts containing sensitive information before leaving your house.
5. Disable auto-connect features – Some devices automatically seek and connect to available wireless networks. These features can give cybercriminals access to your devices if you connect to the wrong network. Disable this option so you only connect to wireless and Bluetooth networks you know and trust.

You should be able to relax on vacation. Taking these simple precautions can help you keep your device secure so you can enjoy your time off and don’t have to worry about dealing with cyber issues when you get back to work.

However, it’s important to know that these steps aren’t fail-proof. To truly ensure that your company’s cybersecurity measures are up to standard, it’s important to work with a professional IT team that can monitor your network 24/7, patch any vulnerabilities that pop up (which happens regularly) and alert you if something seems suspicious.

To help you prepare for your vacation and have peace of mind knowing your business is secure while you or your employees are working remotely, call us at 833-279-5869 or click here to schedule a FREE IT Security Risk Assessment with our cybersecurity experts today. We’ll evaluate your current cybersecurity solutions, identify potential vulnerabilities and help you implement a strategic security plan to keep your company safe.

Recent Cyber-Attacks Highlight The Urgency Of Strong Cybersecurity For All Businesses

If the software your organization used to close deals and pay employees unexpectedly went down and you had no idea when it would be fixed, what would you do? Could you continue doing business? How much money would you lose? Unfortunately, in June, this happened to over 15,000 US- and Canada-based car dealerships when two cyber-attacks occurred on the popular industry software provider, CDK Global.

This software attack shut down the sales, financing and payroll systems for thousands of dealers, forcing them to either stop business or revert to the old-fashioned pen-and-paper method. This incident should be a wake-up call for all small business owners, highlighting the importance of robust cybersecurity measures.

What Happened?

The initial attack occurred on the evening of Tuesday, June 18. Once it was detected, CDK Global immediately took the correct action, bringing the entire system offline to investigate the issue. The system was up and running again the following day until a second incident occurred, which resulted in the company bringing the system back offline. It’s thought the system was brought back online prematurely, before all compromised areas were discovered, resulting in a second attack. Cybersecurity experts are saying it could be weeks before the system is back to being fully operational.

While some businesses were able to revert to manual processes, this incident highlights the vulnerabilities that come with relying on digital systems. In our ever-advancing digital world, where most transactions are a couple of clicks away, significant issues arise when systems go offline. Critical parts of the business process, such as completing transactions, managing payroll and interacting with financial institutions, can come to a standstill. This means that until the systems are back online, many business operations cannot be fully completed, leading to delays and potential financial losses. Business owners know that there is no sale until the check clears the bank!

So, What’s Next?

CDK Global didn’t disclose the exact cause of the attack. Whether that was intentional or they are still unsure remains to be seen. Their security team will need to meticulously comb over every area of the business to determine exactly what was compromised. It’s often difficult for large companies to get the details about cyber-attacks 100% correct after the first review because they may not be able to determine the extent of an attack’s network penetration if there are multiple points of vulnerability.

In the meantime, businesses need to take a hard look at their systems for selling and operational continuity. Will they be prepared to continue doing business if and when this happens again?

This incident should serve as a wake-up call for all business leaders. If you don’t have a business recovery and continuity plan in place, you’re putting yourself at risk. And if you do, you need to ask yourself if it is high-quality, tested often and able to handle a large-scale attack where multiple operational systems are disabled. If the answer is no, it’s time to do something about it.

We’ll do a FREE Security Risk Assessment that will achieve two important things:

1. We’ll analyze your network for vulnerabilities. This will show you if and where an attack can occur, and we’ll offer solutions to patch it so you’re not actively setting yourself up to be the next cyber-attack victim.
2. We’ll help you determine what continuity or recovery plan makes sense for your organization. Cybersecurity is an essential and necessary element of doing business, but even the most robust security solutions are not 100% foolproof. This means you must have a plan to bounce back and continue doing business if something should happen to your network or to a third-party piece of software you rely on, like CDK.

To get started, call our office at 833-279-5869 or click here to book your FREE Security Risk Assessment now.

 

Vacation Travel Scams Are Up 900%

Summer is a popular time for vacation travel. If you’re looking to squeeze in any last-minute travel, there is a scam circulating that you need to be aware of. As costs for everything from food to travel continue to increase, the logical step is to search for the best deals online to book a memorable trip without breaking your budget. According to Booking.com, cybercriminals have decided to capitalize on this need and are now using one scarily convincing, AI-generated phishing e-mail that can cost victims way more than their vacation fund. Booking.com’s CISO, Marnie Wilking, shared that the organization has seen a 500% to 900% increase in travel-related scams in the past 18 months using this malicious tactic.

How are these scammers doing it? Phishing e-mails have existed since the dawn of the Internet, but AI tools like ChatGPT are making it increasingly easy to create realistic and professional scam e-mails that are more likely to trick readers. In the past, phishing e-mails were riddled with red flags such as spelling and grammatical errors. With the rise of AI, it’s easier for cybercriminals to pump out dozens of seemingly legitimate e-mails that often go undetected by software and readers.

Here’s how they work:

Scammers will use sites like Booking.com or Airbnb.com that allow people to list their places as short-term rentals. The scammers send out e-mails offering incredible rates or time-sensitive deals on nonexistent properties. After someone pays, the cybercriminals will either disappear with the money, leaving the renter without a place to stay, or use follow-up e-mails to collect additional “fees” or “charges” before vanishing.

To be clear, these vacation-focused phishing scams are NOT new. The problem now is that, with AI, more people are falling for them because these e-mails are becoming more convincing.

What can you do?

Vacationers can take several key steps to ensure they’re not being duped.

1. Use two-factor or multifactor authentication, where applicable. Having a confirmation code sent to your phone every time you log in will help prevent phishing attacks and credential theft.
2. Avoid clicking on e-mail links. If you receive an e-mail promoting a too-good-to-be-true deal, remember, it is likely too good to be true! Go to the website and search for the special. If you can’t find it, there is a chance you will avoid a scam.
3. Before booking ANY property online, make sure contact information and reviews are readily available. Have other verified users stayed at the property? If so, it’s less likely to be a scam.
4. Use credit cards for online purchases. Using debit cards that are linked directly to your bank account is dangerous. When theft occurs from your debit card, it is difficult to get your money back – if you get it back at all. Using a credit card provides an additional layer of protection.

The most important thing is to stay vigilant. Analyze every e-mail offer you receive and follow cyber security best practices. Standard security software can help detect some of these scam e-mails, but often not all of them, so it’s important to be cautious and look for red flags.

Personal scams may ruin a vacation, but business breaches can cost you and your family their livelihood. To keep your network secure, call us at 833-279-5869 or click here to book a FREE 10-minute discovery call with our cyber security experts, who can help you create a plan that protects you. We are here to help! Enjoy a well-deserved break this summer, and remember to be cybersmart.

How AI Is Fueling This New Scam

Just when you think cybercriminals will run out of new ideas for how to scam people, they find a way to get creative and surprise you. Now they’re faking data breaches, hoping to steal money from unsuspecting business owners and dark web data buyers alike.

Earlier this year, Europcar, an international car rental company from France, discovered a cybercriminal selling private information about its 50 million+ customers on the dark web. The car rental company immediately launched a formal investigation, only to find that the data being sold was fake. The information was falsified, most likely done with the help of generative AI.

 

 

How Did They Do It?

With AI-powered tools like ChatGPT, it’s easy for cybercriminals to generate realistic-looking data sets quickly. Smart cybercriminals do their research and design data sets that look complete, with correctly formatted names, addresses and e-mails, and can even include local phone numbers to match. They will also leverage online data generators that can quickly create large, fake data sets designed for software-testing purposes to develop authentic-looking data sets. Once they have these, hackers choose the target they claim to have stolen the data from and post the information on the dark web.

 

Why Are They Doing It?

Why would a hacker fake a data breach? There are a couple of reasons, besides reaping the same benefits without the work of hacking a network’s security system.

1. Creating Distractions. One of the best ways to get a company to let down its defenses is to focus on something else, like finding a breach in its system. The company will be so intent on finding where a hacker was already able to get into its network that it will likely miss an attack from a different angle.
2. Bolstering Their Reputation. Reputation is highly valued within the hacker community. Targeting a well-known brand publicly is a way for them to earn notoriety and get noticed by other hacker groups.
3. Manipulating Stock Prices. For publicly traded companies, a data breach can cause a rapid 3% to 5% (or more) drop in the stock. This can cause widespread panic, allowing cybercriminals to manipulate stocks for financial gain.
4. Learning Security Systems. Faking a data breach can allow cybercriminals to gain insight into the company’s security processes to prevent, detect and resolve attacks. Knowing threat response time and security capabilities can help them fine-tune their attack strategy.

Why Is This Bad For Businesses If The Data Is Fake?

By the time the public is made aware that the information is fake, the damage is already done. For example, in September 2023, Sony was targeted by a ransomware group that announced it had breached the company’s network and acquired its data. The breach was all over the news, where reporters repeatedly dragged Sony’s brand through the dirt, and by the time the investigation concluded that the hacker’s claim was false, irreparable damage had been done to their name.

What Can You Do To Prevent Fake Data Breaches?

If you want to avoid being the victim of a fake data breach, these are good steps to follow:

1. Actively Monitor The Dark Web. You or your cybersecurity team should routinely monitor the dark web. If you encounter an attacker selling your data, investigate the claim immediately to prevent extensive damage.
2. Have A Disaster Recovery Plan In Place. Don’t let your team wonder what they should say if a data breach occurs. This communication plan needs to be developed in advance and fine-tuned if or when a breach occurs.
3. Work With A Qualified Professional. You are in business to do what you love to do, not deal with IT-related issues. Working with a cybersecurity expert who knows what to look for, how to resolve issues and how to prevent breaches takes tasks off your plate and gives you peace of mind, and will make sure #1 and #2 are taken care of.

Data breaches can create enormous problems for your organization. Get ahead of the issue and have someone proactively monitor your network and the dark web to keep you secure. If you want a no-obligation, third-party opinion on whether or not your network is vulnerable to an attack or properly secured, we’re happy to provide one for FREE. Call us at 833-279-5869 or click here to book your FREE Security Risk Assessment with one of our cybersecurity experts.

 

Outdated Technology Is Costing Your Organization Money

Is your organization currently bleeding money due to its reliance on outdated technology? The answer is likely yes. A recent survey by Deloitte revealed that a staggering 82% of companies failed to meet their cost-reduction targets last year, with an inefficient technology infrastructure being the primary culprit.

The 2024 poll of nearly 300 business leaders on business margin improvement and technology transformation efforts revealed that challenges with their technology infrastructure are the biggest barrier to organizations seeking to improve margins by cutting costs. This same study found that over 50% of the respondents reported that leveraging data and generative AI strategies for improving margins would be their focus for 2024.

What does this tell us? Organizations are looking to adopt new, automated, AI-powered ways of doing business to save money and improve efficiency but are held back by antiquated technology.

 

 

Why Should Businesses Upgrade Their Technology?

Legacy systems, typically categorized as technology that’s at least a decade old, can quickly become expensive to maintain. They are slower, need constant updates and patches, and don’t leverage new features as they’re developed. As a result, businesses struggle to keep up with their tech-savvy competitors in every area of the organization, from scaling and cloud usage to human resources and customer service operations.

But that’s not the only issue. Outdated technology increases your risk of cyber-attacks. Old technology typically cannot keep up with the rapidly changing world of cyber security. As new, more malicious threats emerge, older technology eventually becomes incapable of keeping up with the latest updates required to keep your network secure.

So, why do business owners put off updating technology when the data clearly shows that it will positively impact productivity and the bottom line? There are a couple of reasons, the main one being sticker shock. Seeing the price of updating technology infrastructure can feel overwhelming. Smart business leaders run through risk-related questions like “What if something breaks?” or “What if it doesn’t work like they say it will?” However, the data shows that maintaining old technology could be more costly. A separate Deloitte study of CIOs in 2023 found that respondents spent an average of 55% of their technology budget on maintaining their existing systems.

There’s also the cost of switching. What will bringing systems down and transitioning to a new system cost? What will the cost be to train employees to use the software? These are all questions your IT team can help you answer BEFORE you start upgrading your technology. An experienced technician will help you analyze your system to see what needs to be updated and when, and map out a plan to upgrade your system in the most efficient way possible. It’s easier than most business leaders think and pays off in increased productivity and profitability.

If you’re looking to upgrade your technology or are just tired of slow, outdated tech and want to see what the next step could look like, we’ll do a FREE Network Assessment. Our techs will dig into your system and determine what you need to get technology that helps you run your business better. To book your assessment, call us at 833-279-5869 or click here to schedule now.

 

 

Dangers Of LinkedIn: 4 Security Features To Use TODAY

A recent report from Check Point Research revealed a shocking statistic – the Microsoft-owned business platform LinkedIn is impersonated in nearly half of all phishing attacks globally.

One of the ways scammers leverage LinkedIn to deploy their phishing attack is when they zero in on anyone seeking a new job or career change. While e-mails like “You have 1 new invitation” or “Your profile has been viewed by 63 people” can be authentic, it’s critical to verify the e-mail address it’s sent from to ensure that it’s genuinely from LinkedIn. These impersonators will send e-mails that look identical to the real ones, with links to fake LinkedIn pages that will rip off your information as soon as you enter it.

Another way cybercriminals leverage LinkedIn is by creating fake profiles and messaging people about job opportunities. Once you’re on the hook, they’ll either ask for a small payment upfront to process your application (that you’ll never see again) or send you a link to a form you must fill out that’s actually a phishing link in disguise.

LinkedIn is aware of the problem and is working on developing advanced security features to protect its users. Here are three of the current security features it has already deployed:

 

 

 

 

 

 

We can help you find out. We’ll do a FREE Security Risk Assessment to help you determine if your network is vulnerable to any type of attack. To book yours, call us at 833 – 279 – 5869 or click here to book now.

The Silent Danger: A Powerful Lesson For Every Business From This $1.6 Billion Ransomware Attack

In recent months, the alarming cybersecurity breach at Change Healthcare, the health care payment-processing company under the health care giant UnitedHealth Group, has thrown a spotlight on a chilling reality: cyberthreats can lurk undetected within our networks, ready to unleash chaos at a moment’s notice. The breach, executed by the notorious ALPHV/BlackCat hacker group, involved the group lying dormant within the company’s environment for nine days before activating a crippling ransomware attack.

This incident, which severely impacted the US health care system, a network with a large budget for cybersecurity, underscores an urgent message for all business leaders: a robust cybersecurity system and recovery plan are not optional but a fundamental necessity for every business out there.

The attack began with hackers using leaked credentials to access a key application that was shockingly left without the safeguard of multifactor authentication.

Once inside, the hackers stole data, locked it down, and then demanded a hefty ransom.

This action stalled nationwide health care payment-processing systems, for thousands of pharmacies and hospitals causing them to grind to a halt!

Then things got even worse!

The personal health information and personal information of potentially millions of Americans was also stolen. The hackers set up an exit scam, demanding a second ransom to not release this information.

This breach required a temporary shutdown, disconnecting entire systems from the Internet, a massive overhaul of the IT infrastructure and significant financial losses estimated to potentially reach $1.6 billion by year’s end. Replacing laptops, rotating credentials and rebuilding the data center network were only a few of the actions the UnitedHealth Group had to take. More than financial, the cost was deeply human – impacting health care services and risking personal data.

While devastating, it’s a powerful reminder that threats can dwell in silence within our networks, waiting for an opportune moment to strike.

It is not enough to react; proactive measures are essential.

Ensuring systems are secured, implementing multifactor authentication, regularly updating and patching software and having a recovery plan in place in the event of an attack are steps that can no longer be overlooked and are basic requirements for doing business in today’s world.

Also, the idea that “We’re too small to be a target” is false. Just because you’re not big enough to make national news, doesn’t mean you’re too small to be attacked!

Cybersecurity isn’t just an IT issue; it’s a cornerstone of modern business strategy. It requires investment, training and a culture of security awareness throughout the organization.

The fallout from a breach reaches far beyond the immediately affected systems. It can erode customer trust, disrupt services and lead to severe financial and reputational damage, and your business, will be the one blamed.

As we consider the lessons from the Change Healthcare incident, it’s your duty to make cybersecurity a top priority. Investing in comprehensive cybersecurity measures isn’t just a precaution – it’s a fundamental responsibility to our customers, our stakeholders and our future.

Remember, in the realm of cyberthreats, what you can’t see can hurt you – and preparation is your most powerful defense.

 

 

 

AT&T Attack Reveals 73 Million Customer Records Exposed On The Dark Web

In a statement released by the largest telecommunications company in the United States, AT&T, they shared that they recently discovered a dataset for sale on the “dark web” that contained information for about 7.6 million current AT&T account holders and 65.4 million former users, totaling approximately 73 million affected accounts.

AT&T shared that the data released contained passcodes (PIN numbers) and Social Security numbers from 2019 or earlier and did not contain any other personal financial information or call history but could possibly include e-mail and mailing addresses, phone numbers and birthdates.

AT&T has reached out to all customers via e-mail or mail to let them know of the breach and to reset their passcodes. If you’re an AT&T customer, it’s important to be highly critical of any e-mail asking you to change your password. Please make sure it is from AT&T, as it’s suspected other cybercriminals will attempt to capitalize on this issue and send out fake e-mails with malicious links, hoping someone will click on them. If you’re concerned it’s a fake e-mail, call AT&T support and ask them to send another reset link while you’re on the phone.

As for the cause of the breach, it’s still unknown whether the data breach originated from AT&T or one of its vendors, but AT&T has launched an investigation and will likely hire computer forensics specialists to find the cause of the incident.

The organization will also have to scrub any installed malware out of the software that runs its customer account system without disrupting unaffected customers’ service. Between the investigation, cleaning up the issues, lawsuits, legal fees and more, this will be an expensive issue to solve.

That’s why at Asylum X Cybersecurity Division Inc. , we talk about being proactive with cybersecurity so often. While no solution is 100% impenetrable, most are strong enough to keep the majority of hackers out. It is way more costly to deal with the effects of a cyber-attack than it is to prevent one in the first place.

If you’re concerned about the safety of your organization, request a FREE Security Assessment from our team of cybersecurity experts. We’ll analyze your network so you can see if there are exposed entry points in your network that hackers could use to break in. We’ll also advise on how to work with third-party vendors to ensure your and your customers’ data is as secure as possible.

Hackers will do whatever it takes to break into your network. Your job as the CEO is to do whatever it takes to keep them out. We are here to help!